Latest cybersecurity reporting from selected sources.

Rokarolla Android malware targets 217 banking and crypto apps, steals credentials, blocks bank calls, intercepts SMS, and disables Play Protect. Zimperium’s zLabs researchers have published a detailed analysis of Rokarolla, a new Android banking trojan named after its command-and-control infrastructure. It spreads through malicious websites masquerading as TikTok and Chrome, one confirmed distribution point being […]

Malware Targets Banks, Crypto Platforms and Social MediaNewly surfaced Android-based banking Trojan gives threat actors near-total control over infected devices, letting them steal user credentials for direct access to financial accounts, says researchers. Rokarolla tricks users into side-loading malicious versions of popular, high traffic apps.

Tracking pixels let social media companies spy on their users even after they click over to advertiser sites, gleaning credit card info, geolocations, and more, according to an analysis.

Hackers are abusing LinkedIn to target finance executives with direct-message phishing attacks that impersonate executive board invitations, aiming to steal their Microsoft credentials. [...]

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud. Some ads use AI-powered deepfake videos in an attempt to collect your personal information, while others drive traffic to phishing pages. [...]

JPMorgan Chase Bank (Chase) will soon start blocking Zelle payments to social media contacts to combat a significant rise in online scams utilizing the service for fraud. [...]

Banks Shift Blame to Social Media, Telecoms While Scam Victims Pay the PriceIf you're the victim of a scam in Australia, the chances of being reimbursed for your stolen funds are low. In fact, the Australian Financial Complaints Authority ruled in favor of full reimbursement for victims in only 4.8% of its cases last year, highlighting the difficulty consumers face when disputing fraud-related losses with their banks.

Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads, has been fined €251 million (around $263 million) for a 2018 data breach that impacted millions of users in the bloc, in what's the latest financial hit the company has taken for flouting stringent privacy laws

Cybersecurity researchers are calling attention to a new kind of investment scam that leverages a combination of social media malvertising, company-branded posts, and artificial intelligence (AI) powered video testimonials featuring famous personalities, ultimately leading to financial and data loss

ATMs paid customers thousands ... and now the bank wants its money back JPMorgan Chase has begun suing fraudsters who allegedly stole thousands of dollars from the bank's ATMs after a check fraud glitch went viral on social media.…

Who also worries misinformation on social media could threaten liquidity The governor of India's Reserve Bank, Shri Shaktikanta Das, yesterday warned that AI – and the platforms that provide it – could worsen systemic risk to the nation's financial system.…

Meta has announced a new information-sharing partnership with UK financial institutions to target social media fraud

In January, KrebsOnSecurity wrote about rapper Punchmade Dev, whose music videos sing the praises of a cybercrime lifestyle. That story showed how Punchmade's social media profiles promoted Punchmade-themed online stores selling bank account and payment card data. Now the Kentucky native is suing his financial institution after it blocked a $75,000 wire transfer and froze his account, citing an active law enforcement investigation.

Meta Platforms on Wednesday said it took steps to remove around 63,000 Instagram accounts in Nigeria that were found to target people with financial sextortion scams

In today's digital age, passwords serve as the keys to our most sensitive information, from social media accounts to banking and business systems. This immense power brings with it significant responsibility—and vulnerability

Tom works for a reputable financial institution. He has a long, complex password that would be near-impossible to guess. He’s memorized it by heart, so he started using it for his social media accounts and on his personal devices too. Unbeknownst to Tom, one of these sites has had its password database compromised by hackers and put it up for sale on the dark web. Now threat actors are working

CoralRaider Looks for Social Media Accounts That Contain Payment InformationVietnamese financially motivated hackers are targeting businesses across Asia in a campaign to harvest corporate credentials and financial data for resale in online criminal markets. Researchers at Cisco Talos identified a cluster of hacking activity its tracks as CoralRaider.

Nigeria-based cybercriminals known as Yahoo Boys are the main drivers of a financial sextortion increase on TikTok, Instagram and Snapchat, targeting English-speaking teenagers